N1bn Loss: Moniepoint Bank Management Remains Silent, Leaving Subscribers in Disarray as Hacker Diverts Customer Funds
Written by Kunle Awosika
22 January, 2025
Moniepoint Microfinance Bank (MMB) is grappling with a significant security breach, as suspected fraudsters have reportedly stolen N1.1 billion from customers' accounts. The bank, which had previously assured customers in April 2024 that it had bolstered its security measures, is now facing mounting questions over the safety of depositors' funds.
The Good Project: Heirs Group To Insure 500 School Children, Communities
Written by Kunle Awosika
22 January, 2025
Heirs Insurance Group, Nigeria's fastest-growing insurance Group, has rolled out a project to empower underserved communities with the training and benefits inherent in upcycling, as part of its sustainability goals.
FIRSTBANK Dispels Misinformation, Reaffirms Legacy of Trust and Excellence
Written by Kunle Awosika
14 January, 2025
In the wake of recent controversies, FirstBank of Nigeria Limited sets the record straight on its ongoing legal tussle with General Hydrocarbons Limited (GHL), underscoring its unwavering commitment to integrity and top-tier banking services.
GTCO PLC Triumphs in First Phase of Equity Capital Raise, Secures ₦209 Billion
Written by Kunle Awosika
08 January, 2025
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC).
UBA Earns Top 5 Spot in Customer Experience Survey, Shines in SME and Retail Banking
Written by Kunle Awosika
07 January, 2025
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has solidified its reputation as a customer-focused institution, earning a place among the Top 5 banks in multiple segments of the KPMG 2024 West Africa Banking Industry Customer Experience Survey.
ALEBIOSU: FIRSTBANK IS READY TO BREAK NEW GROUNDS IN 2025 AND BEYOND
Written by Kunle Awosika
06 January, 2025
In a bold declaration of strategic ambition, the Managing Director/Chief Executive Officer of First Bank of Nigeria Limited, Mr. Olusegun Alebiosu, has outlined the bank's vision for 2025 as a year of unparalleled growth and innovation. Speaking to THISDAY, Alebiosu emphasized FirstBank's commitment to doubling down on its market dominance, refining its services, and capitalizing on emerging global and local economic opportunities.
Former banker, Femi Olushakin, others arraigned for alleged armed robbery
Written by Kunle Awosika
21 December, 2024
A former banker turned businessman, Olufemi Olalekan Olushakin alongside two others on Thursday were arraigned before the Chief Magistrate’s Court in Ibadan, Oyo State for alleged robbery.
Dangote refinery, a wonder of modern technology - Japan Ambassador, business community
Written by Kunle Awosika
15 December, 2024
The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.
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